You are here

China needs to rebalance its investments: analyst

The richest in Tianjin (above) can have a per capita GDP of US$17,000 while the poorest in parts of the west and central of China have only US$4,000 in comparison - a huge income disparity.

PHOTO: REUTERS

Singapore

DESPITE concerns over China's surging debt, the country is not overinvesting, but has to rebalance its investments to ensure that the economy is shifting towards a more consumption-led model, said a top analyst last week .